Infosys revenue guidance $5 billion for 2008-09

April 15th, 2008 - 2:31 pm ICT by admin  

Bangalore, April 15 (IANS) Infosys Technologies Ltd has estimated consolidated revenue guidance of $5.05 billion for the new fiscal (2008-09), projecting year-on-year (YoY) growth of 21 percent over FY 2008 under the American accounting practice. In a notification to the stock exchanges Tuesday, the IT bellwether said its consolidated revenue for this fiscal (FY 2009) under the Indian accounting practice was expected to be Rs.202 billion, projecting 21 percent YoY growth over the last fiscal (FY 2008).

For the first quarter (April-June) of this fiscal, consolidated income is expected to be $1.15 billion, projecting YoY growth of 23 percent under the American accounting system.

Similarly, under the Indian accounting system, total revenue for the first quarter (Q1) is estimated to be Rs.45.8 billion, projecting YoY growth of 21 percent.

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